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Community Foundation Of Northwest Mississippi

Community Foundation Of Northwest Mississippi

Hernando, MS 38632
Tax ID94-3421724

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Amount

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About this organization

Revenue

$3,297,180

Expenses

$3,948,584

Website

cfnm.org

Mission

The Community Foundation connects people who care with causes that matter. It assists donors as well as nonprofit organizations and charitable causes that make a difference in people’s lives. While donors designate their charitable contributions, the foundation has set its priorities on education, health and children in order to make the greatest impact on its community. The Foundation is the link – the connecting point – between people who care and the causes that matter to Northwest Mississippi residents’ quality of life.

About

The Foundation's primary program was making grants to various charitable organizations in order to make positive change in the quality of life throughout its 11-county region. For that purpose, it has encouraged philanthropy, including the establishment of permananently endowed funds, among individuals, families, corporations and other foundations.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “The community foundation's mission is to catalyze positive change by providing resources and leadership to the 11-county northwest mississippi's citizens and nonprofit organizations; to provide a flexible, tax-deductible vehicle to meet the needs of donors and recipients.”.

When explaining its purpose, the activities were outlined as: “The community foundation's mission is to catalyze positive change by providing resources and leadership to the 11-county northwest mississippi's citizens and nonprofit organizations; to provide a flexible, tax-deductible vehicle to meet the needs of donors and recipients.”.

  • As per legal reporting requirements, the state of operation for the non-profit is MS.
  • The non-profit's address for 2019 is listed as 315 LOSHER STREET 100, HERNANDO, MS, 38632 in the filing.
  • As per the non-profit's form, they have 9 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$651,404.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 18 independent voting members.
  • The organization was formed in 2002.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $427,575 in salary, compensation, and benefits to its employees.
  • The organization pays $94,097 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.